Overview

The Mental Health & Substance Abuse Clinics Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

Industry Analysis & Industry Trends

Combined with a treatment shift from inpatient to outpatient settings, an increasing understanding of mental illness has fostered growth for the Mental Health and Substance Abuse Clinics industry. As a result, industry revenue is expected to rise over the five years to 2017. The industry has also benefited from increased coverage for outpatient mental health services under Medicare, and other plans. Over the five years to 2022, the expanding economy is expected to sustain industry revenue growth. Healthcare reform will also expand eligibility and coverage for mental health services. Consequently, industry revenue is expected to increase over the five years to 2022.

Industry Report - Starting a New Business Chapter

This industry has moderate barriers to entry. The significant presence of nonprofit providers reduces the opportunities available to for-profit operators, but the industry is highly fragmented, with no single provider dominating the market. Nonetheless, operators must develop a critical mass of patients to be viable, and it may be difficult for new entrants to attract trained staff, establish referral relationships and develop awareness of the clinic in the community.

Additionally, clinics must be accredited and licensed by government regulatory bodies. Some states have certificate of need laws, which represent a barrier. Certificate of need (CON) programs are aimed at restraining the number of healthcare providers in an area to minimize healthcare costs. Law

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Mental Health & Substance Abuse Clinics Industry are

Must comply with government regulations

Proximity to key markets

Access to highly skilled workforce

IBISWorld analysts also discuss how external factors such as Federal funding for Medicare and Medicaid and Number of people with private health insurance in the Mental Health & Substance Abuse Clinics industry impact industry performance..

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Industry Products

What is the
Mental Health & Substance Abuse Clinics
Industry?

This industry includes establishments with medical staff who primarily provide outpatient services related to the diagnosis and treatment of substance abuse and other mental health disorders. The industry excludes facilities or hospitals that treat inpatients. Furthermore, the industry does not include establishments that primarily use medical treatment to care for mental health patients.

An assessment of the competitive landscape and market shares for major companies

And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Mental Health & Substance Abuse Clinics, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.